J
Seller's Agent in 2024
Joey Bommarito
Keller Williams Realty
604 W 9th St San Pedro, CA 90731
Estimated Value: $1,005,000 - $1,196,000
9
Beds
4
Baths
4,292
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- No HOA
- Ceiling Fan
- Wall Furnace
- Cabrillo Avenue Elementary School Rated 9+
About This Home
As of February 2024***Huge Price Drop - Robust Cash Flow!!***
Situated in a prime location, this 4-unit property is the perfect blend of comfort and lucrative investment potential. The property features a spacious 3-bedroom, 1-bath unit, complemented by three 2-bedroom, 1-bath units. Key improvements have been made, including updated electrical panels in 2020 and new windows installed three years prior. All units are equipped with washer/dryer hookups, have a reinforced foundation, and feature spacious living areas. An added perk is the front yard for the front tenants.
Enjoy the benefits of prime walkability! This location is conveniently close to local shopping and eateries.
A significant advantage of this property is its proximity, a mere 4 miles, to the anticipated West Harbor's 42-acre development. Slated for completion in 2025, this ambitious project will comprise a diverse mix of restaurants, retail establishments, offices, and a picturesque waterfront promenade accentuated with an amphitheater. Backed by a $53.7 million budget, the city's plan includes a sprawling 30-foot promenade, an animated town square, state-of-the-art restrooms, contemporary docks, and meticulous landscaping. Major financial commitments from The Ratkovich Company and Jerico Development, amounting to $160 million, power this vision. The project's inception was marked with a groundbreaking ceremony on November 12, 2022. For a deeper dive into the harbor expansion details, visit www.lawaterfront.org/invest/current-port-projects.
Last Agent to Sell the Property
Joey Bommarito
Keller Williams Realty License #01924234 Listed on: 10/08/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 4,725 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- On-Street Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,292 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Range
- Laundry in unit
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 25 / 4
- Tax Tract Number 3932
- Assessor Parcel Number 7454005034
- $626 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $6,643
- Water Sewer Expense $3,738
- Operating Expense $10,381
- Gross Income $84,900
- Net Operating Income $74,519
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2023
Closed on
Feb 13, 2024
Sold by
Bought by
Seller's Agent
Joey Bommarito
Keller Williams Realty
Buyer's Agent
Harold Noriega
Compass
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%
Views
157
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$956
Avg. Annual Appreciation
0.04%
Original Mortgage
$1,045,000
Outstanding Balance
$1,026,705
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$74,251
Purchase Details
Closed on
Mar 21, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 6, 2018
Closed on
Oct 4, 2018
Sold by
Bought by
Seller's Agent
Matt Mahowald
Buckingham Investments, Inc
Buyer's Agent
Matteo Bommarito
Keller Williams Realty
List Price
$939,000
Sold Price
$875,000
Premium/Discount to List
-$64,000
-6.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$505,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 7, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,788
Interest Rate
3.99%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Feb 14, 2017
Closed on
Mar 25, 2017
Sold by
Bought by
Seller's Agent
Aaron Klapper
eXp Realty of California, Inc.
Buyer's Agent
Matt Mahowald
Buckingham Investments, Inc
List Price
$689,000
Sold Price
$689,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$654,550
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 14, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,550
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 23, 2010
Sold by
Bought by
Purchase Details
Closed on
Jun 10, 2010
Sold by
Bought by
Purchase Details
Closed on
Oct 23, 2009
Sold by
Bought by
Purchase Details
Closed on
Nov 22, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
8.31%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 6, 1999
Sold by
Bought by
Purchase Details
Closed on
Jul 12, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.68%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,100,000 | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| $875,000 | Orange Coast Title Company | ||
| -- | Wfg Lender Services | ||
| -- | None Available | ||
| $689,000 | Usa National Title | ||
| -- | None Available | ||
| $300,000 | Servicelink | ||
| $357,000 | Servicelink | ||
| -- | Investors Title Company | ||
| -- | Orange Coast Title | ||
| $350,000 | Orange Coast Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,045,000 | ||
| Previous Owner | $510,000 | ||
| Previous Owner | $505,000 | ||
| Previous Owner | $223,788 | ||
| Previous Owner | $654,550 | ||
| Previous Owner | $525,000 | ||
| Previous Owner | $300,000 | ||
| Closed | $41,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/23/2024 02/23/24 | Sold | $1,100,000 | -2.2% | $256 / Sq Ft | |
| 12/08/2023 12/08/23 | Price Changed | $1,125,000 | -1.3% | $262 / Sq Ft | |
| 11/15/2023 11/15/23 | Price Changed | $1,140,000 | -0.9% | $266 / Sq Ft | |
| 10/23/2023 10/23/23 | Price Changed | $1,150,000 | -0.9% | $268 / Sq Ft | |
| 10/15/2023 10/15/23 | Price Changed | $1,160,000 | -3.3% | $270 / Sq Ft | |
| 10/08/2023 10/08/23 | For Sale | $1,199,000 | +37.0% | $279 / Sq Ft | |
| 11/22/2018 11/22/18 | Sold | $875,000 | -6.8% | $204 / Sq Ft | View Prior Sale |
| 10/01/2018 10/01/18 | Pending | -- | -- | -- | |
| 09/06/2018 09/06/18 | For Sale | $939,000 | +36.3% | $219 / Sq Ft | |
| 05/24/2017 05/24/17 | Sold | $689,000 | 0.0% | $161 / Sq Ft | View Prior Sale |
| 02/21/2017 02/21/17 | Pending | -- | -- | -- | |
| 02/14/2017 02/14/17 | For Sale | $689,000 | -- | $161 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,038 | $1,122,000 | $714,000 | $408,000 |
| 2024 | $12,130 | $956,936 | $519,480 | $437,456 |
| 2023 | $11,897 | $938,174 | $509,295 | $428,879 |
| 2022 | $11,347 | $919,779 | $499,309 | $420,470 |
| 2021 | $11,187 | $901,745 | $489,519 | $412,226 |
| 2019 | $10,853 | $875,000 | $475,000 | $400,000 |
| 2018 | $4,574 | $340,330 | $170,165 | $170,165 |
| 2017 | $4,477 | $333,658 | $166,829 | $166,829 |
| 2016 | $4,329 | $327,116 | $163,558 | $163,558 |
| 2015 | $4,270 | $322,204 | $161,102 | $161,102 |
| 2014 | $4,275 | $315,894 | $157,947 | $157,947 |
Source: Public Records
Agents Affiliated with this Home
-
-
Leigh Hanisee
Seller Co-Listing Agent in 2024
Leigh Hanisee
Keller Williams Luxury
(310) 544-6166
66 Total Sales
-
Harold Noriega
Buyer's Agent in 2024
Harold Noriega
Compass
(949) 400-9905
43 Total Sales
-
Matt Mahowald
Seller's Agent in 2018
Matt Mahowald
Buckingham Investments, Inc
(310) 982-7055
30 Total Sales
-
Matteo Bommarito
M
Buyer's Agent in 2018
Matteo Bommarito
Keller Williams Realty
(310) 519-1080
9 Total Sales
-
Aaron Klapper
Seller's Agent in 2017
Aaron Klapper
eXp Realty of California, Inc.
(310) 546-9800
106 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23186367
APN: 7454-005-034
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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